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Abridged
annual report, January 2008 to December 2008 Download
this document Activities for 2008 Whilst some of the current activities will continue to progress P.E.N.Y.A TRUST intends to carry out the following activities that will meet its expansionary plans: a)
Increase the number of OVCs getting educational support from 19 to 450. P.E.N.Y.A TRUST will also carry out a strong Resource Mobilisation strategy to ensure resources are secured for the above projects. P.E.N.Y.A TRUST has already drafted a five year Resource Mobilisation Strategy which will be adopted and approved in 2009. We strongly believe that this strategy will help us meet our objectives and improve project sustainability over the next five years and beyond. Challenges encountered in 2008 We still encountered challenges in mobilising the funding necessary to undertake new activities and sustain current projects. Existing projects, such as the Dzidzo Project for educational support, could not add more beneficiaries as planned. Due to failure to get funding specifically for running costs and staff salaries there has been staff turnover and motivation was low. P.E.N.Y.A TRUST also encountered challenges in equipment and machinery acquisitions. We were not spared by hyper-inflation that wrecked in the nation as planning beyond a month's period was almost impossible. NB. It is worth mentioning that at towards the end of 2008 funds were mobilised to give educational support to OVCs and thus increase the number of beneficiaries from 19 to 450 for 2009. However in February 2009 the use of Zimbabwean dollars was suspended and thus access to these funds was not possible. Thus a challenge of mobilising new funding in hard currency terms exists as beneficiaries are already awaiting support. Visit the PENYA Trust fact sheet
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